Trend of Rental Yield in Nelson County, Virginia

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyNelson County
Population 201514,858
Population 200915,204
Population % change-2.3
Population change rank compared to US2,628
Population change rank compared to Virginia108
Median Gross Rent 2015709
Median Gross Rent 2009633
Median Gross Rent % change12.0
Median Gross Rent change rank compared to US1,954
Median Gross Rent change rank compared to Virginia93
Home Value 2015212,000
Home Value 2009161,200
Home Value % change31.5
Home Value change rank compared to US193
Home Value change rank compared to Virginia1
Rental Yield 20154.0
Rental Yield 20094.7
Rental Yield % change-14.8
Rental Yield change rank compared to US2,963
Rental Yield change rank compared to Virginia131